Monthly Archives: February 2012

The “Magic” Greek Financials

From the BBC: “The Greek railway had more employees than passengers. A former minister, Stefanos Manos, had said publicly at the time that it would be cheaper to send everyone by taxi.”  

Posted in Accounting Standards, Federal Debt, Government Failure | Leave a comment

BBC’s Continued Outrage Over CEO Pay

“Executive pay used to be 30 or 40 times the wages of the lowest paid worker, now it is more like 300 or 400 times.” The BBC is running an article today outlining common arguments against executive pay that is … Continue reading

Posted in Distribution, Equality | Leave a comment